Greater Jamaica Local Development Corp Inc

Gjldc's loan fund is focused on serving businesses located within, or near, Queens county, New York. As an alternative lender, gjldc is committed to supporting businesses that are unable to secure adequate financing through traditional lending sources.eligible applicants include independently owned and operated enterprises that typically meet the u.s. Small business administration (sba) size standards, based on annual revenue and number of employees. To qualify, businesses must have generally have sales of less than $10 Million.loan amounts generally start as low as $1,000, and are available to both existing businesses and start-ups.gjldc gives special consideration to businesses that are owned by individuals from low to moderate income backgrounds, part of the Local jfk airport revitalization effort, as well as those located in or adjacent to low and moderate income census tracts and blocks.